NOT LISTED FOR SALE

Estimated Value: $219,000 - $332,000

-- Bed
1 Bath
1,124 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $230,000 $205 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,465/month

149 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • 2-minute walk to Grant Park
  • Phoenix Coding Academy Rated A
  • Heating System Uses Natural Gas

About This Home

As of August 2019

GREAT COMMERCIAL OPPORTUNITY
this property is zoned DTC-COM-2,
can be used for office building or Restaurant, coffee shop Multi-family dwelling as well boarding home facility and many others vist City of Phoenix zoning for more information.
The Zapien and the Caro family at the end of World War II constructed the El Portal Restaurant. The wooden beams that make-up the interior ceiling of the Restaurant came from remaining wood that was used to construct Saint Anthony Church located in the Grant Park Community. The restaurant for many years was a gathering place for prominent community leaders who gathered to discuss important issues that affected the Grant Park community. This home has deep historical root in the Grant Park Community.

Last Agent to Sell the Property

Edward Caro

RE/MAX Desert Showcase License #SA662579000 Listed on: 08/22/2019

RE/MAX Desert Showcase

Last Buyer's Agent

German Reyes

German Reyes License #BR567876000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $326

Year Built

  • Built in 1920

Lot Details

  • 3,240 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned DTC-COM-2

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,124 Sq Ft Home
  • Wood Flooring

Parking

  • 2 Parking Spaces
  • 1 Covered Space

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Community Details

  • Montgomery Add Amd Blks 75, 83, 84, 91, 99 102 Subdivision
  • Operating Expense $326

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 112-23-064-C

Property Details

Property Type

Other

Est. Annual Taxes

$326

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cross Street: Central Ave and Buckeye Rd
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: DTC-COM-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1920
  • Tax Year: 2018
  • Lot Size Acres: 0.07
  • Subdivision Name: MONTGOMERY ADD AMD BLKS 75, 83, 84, 91, 99-102
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: C
  • Roofing:Composition: Yes
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Wood
  • Living Area: 1124.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: None
  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 2.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 2.0

Utilities

  • Electric: SRP, APS
  • Cooling: Other, See Remarks
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 3240.0
  • Parcel #: 112-23-064-C

Multi Family

  • Annual Operating Expense: 326.0

Tax Info

  • Tax Annual Amount: 326.0
  • Tax Book Number: 112.00
  • Tax Lot: 3
  • Tax Map Number: 23.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Chicanos Por La Causa Inc
Bought by
Grant Park Enterprises Llc
Current Estimated Value
$273,272

Purchase Details

Listed on
Aug 22, 2019
Closed on
Aug 20, 2019
Sold by
Lopez Judith C
Bought by
Chicanos Por La Causa Inc
Seller's Agent
Edward Caro
RE/MAX Desert Showcase
Buyer's Agent
German Reyes
German Reyes
List Price
$265,000
Sold Price
$230,000
Premium/Discount to List
-$35,000
-13.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Jul 22, 2009
Sold by
Lopez Rudy R and Lopez Rodolfo R
Bought by
Lopez Judith C
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grant Park Enterprises Llc -- Accommodation
Chicanos Por La Causa Inc $230,000 Lawyers Title Of Arizona Inc
Lopez Judith C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $230,000 -13.2% $205 / Sq Ft
08/22/2019 08/22/19 Price Changed $265,000 0.0% $236 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $265,000 -- $236 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $368 $2,591 -- --
2024 $343 $2,468 -- --
2023 $343 $14,050 $2,810 $11,240
2022 $331 $11,410 $2,280 $9,130
2021 $328 $7,320 $1,460 $5,860
2020 $332 $6,220 $1,240 $4,980
2019 $332 $4,880 $970 $3,910
2018 $326 $4,570 $910 $3,660
2017 $282 $2,620 $520 $2,100
2016 $273 $2,520 $500 $2,020
2015 $249 $1,870 $370 $1,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5891887

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-23-064C